Forecast: Value Added of Advertising and Market Research in Italy

The value added of Advertising and Market Research in Italy exhibited varied growth trends from 2013 to 2023, beginning at 3.6 billion Euros and reaching 4.84 billion Euros by 2023. Noteworthy fluctuations included a sharp decline in 2020 (-17.96%) due to the pandemic, followed by a significant rebound of 21.72% in 2021. The CAGR over the last five years was 1.37%, indicating a modest growth rate. Moving forward, from 2024 to 2028, a forecasted growth rate of 3.91% and a yearly CAGR of 0.77% reflect a steady, albeit slower, growth trajectory.

Future trends to watch for include:

  • Adoption of advanced digital advertising technologies
  • The impact of economic recovery post-COVID-19
  • Further consolidation in the market research sector

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